Indian Bank home loan scheme enable you to you to cherish your dream of owning a house. Individuals, salaried class, businessmen, professionals and self-employed people, who have a working experience of 3 years or have completed a minimum period of service can avail this scheme. Bank also offers loan to pensioners who have good net worth / repayment capacity. However the pensioner needs to produce a guarantee / NOC from his legal heir in order to avail the loan. You can take the loan for purchasing a new house / flat or for repairing the existing one. In case you are planning to construct the house then also you can apply for the home loan by Indian bank.